Forex
globalreutersJune 6, 20241 Mins read
UK businesses see no change to CPI outlook for the year ahead – survey
globalreutersJune 6, 20241 Mins read - Year-ahead CPI seen at 2.9% (unchanged from April)
- Year-ahead output price inflation seen at 3.9% (vs 4.0% in April)
- Year-ahead output wage growth seen at 4.5% (vs 4.8% in April)
Wage price expectations are seen easing slightly, so that is one positive for the BOE. Otherwise, with consumer prices still expected to keep above the 2% mark, it’s hard to be too optimistic.
This article was written by Justin Low at www.forexlive.com.
Related Articles
FX option expiries for 22 November 10am New York cut
There is arguably just one to take note of on the day,...
USD adding on a few points: AUD, CAD lower. USD/JPY back to its session high.
The moves aren't large, but just noting some USD strength coming in....
PMI data back in the spotlight to wrap up the week
The dollar held a bit more of a mixed mood since trading...
ForexLive Asia-Pacific FX news wrap: Gold, BTC up
Federal Reserve Board Governor Michelle Bowman speaking FridayJust over half of economists...
Leave a comment